The move comes as Beijing prepares to soften the blow from an expected increase in US tariffs on Chinese imports when Donald Trump returns to the White House in January.
NEWS
China and Japan expected to discuss seafood ban on Wednesday
China’s Foreign Minister Wang Yi will hold talks with his Japanese counterpart Takeshi Iwaya in Beijing on Wednesday, the Chinese foreign ministry said, when both men are expected to address China’s …
Driver who plowed into school crowd in southern China given suspended death sentence
A Chinese court has issued a suspended death sentence to a man who rammed his car into crowds outside a primary school in southern China last month, injuring more than two dozen people in one…
Chinese surveillance tech firm Dahua exits projects in Xinjiang
China’s video surveillance equipment maker Zhejiang Dahua Technology said that it and its subsidiaries have agreed to terminate or exit five projects they signed with local governments in China’s …
Exclusive: China plans $411 bln special treasury bond issuance next year, sources say
Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, which would be the highest on record, as Beijing ramps up fiscal stimulus to…
China to increase budget deficit, ramp up govt bond issuance to support growth
China will raise its budget deficit ratio, intensify fiscal spending and accelerate expenditure in 2025, the finance ministry said on Tuesday.
Hong Kong restaurants expect Christmas boom thanks to Shenzhen visa change
A 10 per cent year-on-year bump in business is expected over the holiday as many restaurants are fully booked.
China says Philippine plan to deploy midrange missiles would be ‘extremely irresponsible’
China says a plan by the Philippines to deploy midrange missiles would be a provocative move that stokes regional tensions.
China Hits Back at US Over Nuclear Weapons Alarm
The Chinese military claimed that it has the “most stable, continuous, and predictable” nuclear policy in the world.
China’s Dahua Technology to exit projects in Xinjiang
China’s video surveillance equipment maker Zhejiang Dahua Technology said that it and its subsidiaries have agreed to terminate or exit five projects they signed with local governments in China’s …
U.S. launches new probe into legacy Chinese chips as tech pressure on Beijing escalates
The Biden administration launched a new probe into legacy Chinese semiconductors that may go into everything from cars to household goods and defense systems.
Beijing’s green efforts to benefit world
Chatterjee made the remarks on the sidelines of a forum in Madrid after Beijing concluded its Central Economic Work Conference on Dec 12. The meeting has set nine key tasks for the Chinese government …
NATO’s Defense Vulnerable to China’s Control Over Seven Materials
China’s control is most pronounced in materials like gallium, accounting for 98 percent of global production. Gallium is vital for manufacturing high-performance microchips used in cutting-edge …